Meralco pursues Tesla partnership
thestandard.com.ph - 2017-01-02
Power retailer Manila Electric Co. expects to sign a partnership agreement with Tesla Motors Inc. of the United States this year, a top executive said. "For Tesla, there were some projects we identified...like battery storage. We will push that early ...

Meralco pursues Tesla partnership
thestandard.com.ph - 2017-01-02
Power retailer Manila Electric Co. expects to sign a partnership agreement with Tesla Motors Inc. of the United States this year, a top executive said. "For Tesla, there were some projects we identified...like battery storage. We will push that early ...

SMDC to explore projects in Asean
thestandard.com.ph - 2017-01-02
SM Development Corp., the residential arm of integrated property developer SM Prime Holdings Inc., will start exploring investment opportunities in Southeast Asia, a top executive said. SMDC executive vice president Jose Mari Banzon said in a recent ...

SMC sets conditions for P20-b bond sale
thestandard.com.ph - 2017-01-02
The company earlier borrowed a total of P20 billion from lenders BDO Unibank Inc., Bank of Philippine Islands, China Bank, Rizal Commercial Banking Corp. and Security Bank, which were used to repay US dollar-denominated loans and partially prepay existing ...

Meralco reboots venture into battery energy storage
Philstar - 2017-01-02
MANILA, Philippines - Manila Electric Co. (Meralco) is rebooting its plans to enter the battery energy storage business this year as it continues discussions with US-based automotive and energy storage firm Tesla, a ranking company official said.

Gas, diesel prices rise after Opec supply cut
thestandard.com.ph - 2017-01-02
Phoenix Petroleum Philippines, Flying V, PTT Philippines, Unioil Philippines, Seaoil Philippines and Pilipinas Shell Petroleum Corp. issued their respective notices of the price increase of P0.70 per liter for gasoline, P0.60 per liter for diesel and P0.55 ...

Bridges to link Negros, Cebu, Bohol and Leyte
Philstar - 2017-01-02
di na matandog ang taytayan nga maoy mag-una," Sitoy said Sitoy said he presented the projects to President Rodrigo Duterte when he made the presentation of the proposed 1,500-hectare Cordova Recla-mation Development Project of SM Prime Holdings ...

Oil price hike greets consumers in 2017
Philstar - 2017-01-02
UniOil Petroleum Philippines Inc. will increase its EuroDiesel prices by P0.60 per liter, EuroGasoline by P0.70 per liter and Auto LPG by P2.32 per liter starting 6:01 a.m. Eastern Petroleum Corp. and Petron Corp. were yet to make an announcement as of ...

DoubleDragon targets at least 30 operational CityMalls this year
Philstar - 2017-01-02
DoubleDragon recently signed an agreement with broadcasting giant ABS-CBN Corp. for the rollout of cinemas in its CityMall branches across the country. CityMall will open 10 cinemas, each with a seating capacity of 100 to 120 seats, in the second quarter ...

Yearender: DOF clears way to laws modernizing customs operations, expanding capital markets
news.pia.gov.ph - 2017-01-02
The Philippine Stock Exchange (PSE ... Setting up a REIT, which is a corporation that pools funds from investors to manage or own real estate, has discouraged investors because of the conflicting provisions between the law and its IRR, such as issues ...

STI Education Systems Holdings Inc (STI)
investing.com - 2017-01-02
Get instant access to a free live streaming chart of the STI Education Systems Holdings Inc Stock. The chart is intuitive yet powerful, offering users multiple chart types including candlesticks, area, lines, bars and Heikin Ashi. There are flexible ...

Oil firms to hike pump prices Tuesday
interaksyon.com - 2017-01-02
MANILA, Philippines -- Flying V and Pilipinas Shell Petroleum Corp. will increase their pump prices Tuesday ... Other oil firms are expected to make similar announcements within the day. Petron meanwhile increased liquefied petroleum gas prices by P4.15 ...

New round of oil-price hike begins Tuesday, Jan. 3
BusinessMirror. - 2017-01-02
Other oil firms that announced a price hike as of press time were Phoenix Petroleum, Pilipinas Shell and Flying V. Other oil firms are expected to follow suit. This is the first upward adjustment for local pump prices for 2017. Last Tuesday gasoline prices ...

Metro Pacific ready to spend P17.75 billion for new expressway to Sangley Point
BusinessMirror. - 2017-01-02
Metro Pacific Investments Corp. will have to shell out roughly P17.75 billion to build an expressway to the proposed international airport in Sangley Point, Cavite, documents from the company showed. Tagged as Segment 5, the alignment will connect the ...

Rules, law review to help boost capital-market expansion
BusinessMirror. - 2017-01-02
The BSP accredited two major commercial banks, including Banco de Oro (BDO) and the Bank of the Philippine Islands (BPI), as PERA institutional administrators. The PERA law promotes capital-market development and encourages Filipinos, including those who ...

Delay in approval of Meralco projects to hike construction, operational costs
BusinessMirror. - 2017-01-02
Meralco also plans to purchase up to 400 MW from St. Raphael Power Generation Corp. (SRPGC). SRPGC, a new joint venture between MGen and Semirara Mining and Power Corp., is constructing a 2×350-MW coal-fired power-generating facility in Calaca ...

Oconer eyes bikefest crown
BusinessMirror. - 2017-01-02
A top purse of P1 million will go to the champion, courtesy of presentor LBC and major sponsors Mitsubishi, Petron, ASG Group, Dans360 and Donen. The race is sanctioned by the PhlCycling, led by Tagaytay City Rep. Abraham "Bambol" Tolentino.

Frankfort set to help small business | Tyler Campbell
Courier-Journal - 2017-01-02
Technology allows small businesses in rural Kentucky to interact with customers around the globe in real time ... For years, the 16 member companies that make up the Kentucky Telecom Association have built the infrastructure and provided the services ...

Clark-Incheon flight opens PAL's 2017 calendar
interaksyon.com - 2017-01-02
MANILA - Philippine Airlines (PAL) opened the year 2017 with the launch of a new route - Clark to Incheon (South Korea) - beginning January 1st, 2017. The daily service using the 199-seater Airbus A321 jet allows passengers from Central and Northern Luzon ...

COCKTALES | BF Homes sewer becomes hostage to P500-M demand
interaksyon.com - 2017-01-02
The comedy movie Ang Babae Sa Septic Tank is playing its second edition at Metro ... of water pipes by Maynilad Water inside BF Parañaque. The city hall-backed action by Maynilad effectively ended the deep well-supply business of the Aguirre company ...

NFA allows groups, firms to import rice
BusinessMirror. - 2017-01-02
The NFA list available on its web site also showed that 194 qualified rice traders, including AgriNurture Inc. and Pilmico Foods Corp., will import 642,340 MT of rice under the country specific quota (CSQ). Of the total rice to be imported under the CSQ ...

Araneta Properties Inc (ARA)
investing.com - 2017-01-02
Araneta Properties, Inc. is a Philippines-based real estate development company. The Company is engaged in the acquisition, owning, holding, developing, improving, subdividing, selling, leasing, renting, mortgaging, managing and dealing in real estate for ...

BDO Leasing and Finance Inc (BLFI)
investing.com - 2017-01-02
BDO Leasing and Finance, Inc. (BDOLF) is a Philippines-based company, which is engaged in providing leasing and financing products to individual and corporate clients. The Company's leasing products include direct leases, sale-leaseback arrangements ...

Crown Asia Chemicals Corp (CROWN)
investing.com - 2017-01-02
Crown Asia Chemicals Corporation, formerly Crown Asia Compounders Corporation, is engaged in operating, conducting and maintaining the business of manufacturing, importing, exporting, buying, selling or otherwise dealing in, at wholesale and retail such ...

Duterte to take oath before Bedan frat brod Bienvenido Reyes
politics.com.ph - 2017-01-02
Reyes graduated with a law degree from San Beda College in 1971. He made the headlines in December 2015 after the Philippine Daily Inquirer reported ... plans of visiting the United States as head of state or as an... Batangas City politikos got a special ...

Duterte urged to sign SSS pension hike
Philippine Daily Inquirer - 2017-01-02
Leaders of the militant but pro-administration group Bayan Muna urged President Rodrigo Duterte on Sunday to sign a congressional resolution for the P2,000 increase in the Social Security System (SSS) pension for its retired members, insisting that the ...

Sta. Lucia to develop more properties in Iloilo
Malaya Business Insight - 2017-01-02
The Philippine Reclamation Authority (PRA) yesterday reported 80 reclamation projects are in the pipeline topped by a resurrected project languishing for the last 25 years. Isuzu Philippines Corp. (IPC) has snatched leadership in truck sales, boosted by ...

United Paragon Mining Corp (UPM)
investing.com - 2017-01-02
United Paragon Mining Corporation is an exploration and mining company. The Company's principal activities are exploration and development of its underground mining operations for the extraction of gold. The Company operates through mining business segment.

The biggest tech stories of 2016
Philstar - 2017-01-01
The first quarter of the year was supposed to be exciting with the imminent partnership between San Miguel Corporation and Australian-based Telstra. The two are poised to build a strong third player in the telco industry, prompting existing players PLDT ...

PNOC to develop Pandacan property
thestandard.com.ph - 2017-01-01
State-owned Philippine National Oil Co. is looking at the "best economic use" for an 11.89-hectare property in Pandacan, Manila once the lease of oil refiner Petron Corp. expires in 2018, an official said. PNOC president Reuben Lista said the Pandacan ...

Meralco sees sales rising 3.5%
thestandard.com.ph - 2017-01-01
Power retailer Manila Electric Co. said it expects sales volume to rise 3.5 percent this year, slower than the estimated 8.1-percent growth in 2016. Meralco senior vice president and head of customer retail services, corporate marketing and communications ...

Market likely to trade sideways
thestandard.com.ph - 2017-01-01
Foreign investors were net buyers last year by P2.15 billion. Top gainers last week were Metro Pacific Investments Corp. which jumped 11.2 percent to P6.66, Puregold Price Club Inc. which increased 8.3 percent to P39 and BDO Unibank Inc. which rose 6.8 ...

Pagcor e-Games revenues down 50% in Q3
Philstar - 2017-01-01
MANILA, Philippines - Gross gaming revenues of the Philippine Amusement and Gaming Corp. (Pagcor) from electronic games declined by half in the third quarter of 2016 due mainly to the cessation of operations of PhilWeb Corp. which has not been able to ...

PDEx eyes P150 B new debt listings this year
Philstar - 2017-01-01
Petron Corp., likewise, made its debut in the debt market in 2016 with the issuance and listing of its P20 billion Series A Bonds Due 2021 and Series B Bonds Due 2023. The oil refiner is part of the San Miguel Group whose other subsidiaries, San Miguel ...

Government studies P400-B flood control, expressway proposal
Philstar - 2017-01-01
MANILA, Philippines - The government is studying a P400- billion flood control and expressway proposal submitted by the consortium composed of San Miguel Holdings Corp.(SMHC ... The project was first proposed by NSJBI in November 2013.

Biz buzz
Inquirer - 2017-01-01
This is an issue that Manila Jockey Club Inc. has brought to court and has been resolved in its favor. The PRC issued in early 2015 a resolution providing that all dividends from winning tickets and refunds should be paid to the holder on the same day of ...

PDIC to continue processing claims of Rural Bank of Claveria (Cagayan), Inc. depositors
news.pia.gov.ph - 2017-01-01
MAKATI CITY, Jan. 2 - The Philippine Deposit Insurance Corporation (PDIC) announced that deposit insurance ... 3rd Floor, SSS Bldg., 6782 Ayala Avenue corner V.A. Rufino Street, Makati City. Claims for deposit insurance may be filed until August 20 ...

Bogo Medellin Milling Co Inc (BMM)
investing.com - 2017-01-01
Our Bogo Medellin Milling Co Inc consensus estimates page is based on consensus analyst forecast, covering public companies earnings per share and revenue. You'll be provided with Bogo Medellin Milling overall consensus estimations for strong buy, strong ...

Asiabest Group International Inc (ABG)
investing.com - 2017-01-01
Risk Disclosure: Fusion Media will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and ...

Ever Gotesco Resources and Holdings Inc (EVER)
investing.com - 2017-01-01
Ever-Gotesco Resources and Holdings, Inc. is engaged in the business of building shopping malls and leasing out to commercial tenants. The Company's malls are primarily leased out to Ever Department Store and Supermarket, Cinemas, banks, amusement centers ...

Mindanao: Better days ahead after years of hits and misses
BusinessMirror. - 2017-01-01
Davao del Sur, likewise, boasted steady power via solar energy. Forty other power producers were already issued with certificates of endorsement by the Department of Energy. The northern Mindanao provinces of Misamis Oriental and Lanao del Norte have fewer ...

Philex hands Itogon P30m in property taxes
thestandard.com.ph - 2016-12-31
TUBA, Benguet--Fulfilling yet again its duty as a responsible miner, Philex Mining Corp. has paid P29.8 million in real-property tax to the municipality of Itogon covering a five-year period for a proposed tailings pond in Barangay Ampucao, an amount that ...

BigSky: Innovative learning space
thestandard.com.ph - 2016-12-31
In this era where classroom walls are slowly becoming a thing of the past, Globe Telecom and De La Salle-College of Saint Benilde have collaborated together to provide more accessible education through virtual learning. Globe initiated Brightspace(TM), a ...

Philab poised for more breakthroughs
Inquirer - 2016-12-31
Alarmed and shook by the prospect that she did not have much time left, Navasero, who was chief investment officer of a listed main board Singapore company, decided to pack up his bags and go back home to the Philippines to take care of her.

Duterte, Trump headlined top business news in 2016
thestandard.com.ph - 2016-12-31
Officers of AMLC also filed money laundering charges before the Justice Department against several officials of Rizal Commercial Banking Corp. in connection with the$81-million laundering scam that rocked the domestic banking industry in February.

BPI lady banker named among 100 most influential global Filipino women
thestandard.com.ph - 2016-12-31
A distinct brand of leadership continues to build the Bank of the Philippine Islands, as one of its senior executives is recognized for her exemplary leadership and service. Maria Cristina "Ginbee" Layug Go, senior vice president at BPI Family Savings ...

BPI lady banker named among 100 most influential global Filipino women
thestandard.com.ph - 2016-12-31
A distinct brand of leadership continues to build the Bank of the Philippine Islands, as one of its senior executives is recognized for her exemplary leadership and service. Maria Cristina "Ginbee" Layug Go, senior vice president at BPI Family Savings ...

Red Cross count: 100K families affected by Typhoon Nina
Philippine Daily Inquirer - 2016-12-31
There are still areas which have not yet received help like the islands of Maniwaya ... Earlier, the humanitarian organization Philippine Red Cross (PRC) has also appealed for donations to help the affected families and communities affected by Typhoon ...

Bogo Medellin Milling Co Inc (BMM)
investing.com - 2016-12-31
A brief financial summary of Bogo Medellin Milling Co Inc as well as the most significant critical numbers from each of its financial reports. In addition, some financial ratios derived from these reports are featured. Users can opt to see 4 periods of ...

Grand Plaza Hotel Corp (GPH)
investing.com - 2016-12-31
Users can opt to see 4 periods of either annual or quarterly information. For the fiscal year ended 31 December 2016, Grand Plaza Hotel Corporation revenues decreased 18% to PP368.5M. Net loss totaled PP13.2M vs. income of PP5.8M. Revenues reflect Rooms ...